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    , government foreclosures like VA homes and HUD homes, distressed properties and commercial foreclosure homes for sale all across the nation. We update our extensive collection of listings every day and are proud to provide the most accurate information available on bank foreclosure homes, pre-foreclosures and government foreclosures for sale. Our customer service is the most professional and experienced in the business, and our expert staff is accessible 24 hours a day, seven days a week.

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    If you're looking to find foreclosure homes at great prices, you'll find them here with BankForeclosuresSale.com's foreclosure listing service. Our members get access to the most current and accurate bank owned property listings, commercial foreclosures, and government foreclosures for sale available in the United States.

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    Buying foreclosures for sale is relatively risk free, since all other liens have already been eliminated and the bank has a clear title to the property. Once you win the property, it's yours for only the price you pay at sale. Just make sure that you inspect foreclosure homes thoroughly and take into consideration the cost of repairs needed when determining if the price you will pay for a bank foreclosure home is indeed a good bargain.

    Bank Foreclosed Homes

    Investing in Bank Foreclosures

    Bank foreclosed homes are also called real estate owned (REO) foreclosures. When property owners are unable to make payments on their bank-held mortgage loan, the bank forecloses on the property in an attempt to repossess it. This is how a property becomes a bank foreclosure home.

    Experienced investors know that while a bank foreclosure is being processed, owners may sell their homes in order to avoid foreclosure. This period is referred to as the pre foreclosure period. Often times, owners are willing to negotiate a lower price for the sale of their home during this period so that they can avoid damage to their credit score. In the end, the investor gets a great price while the seller avoids foreclosure and maintains a good credit score. This is a win-win situation for both parties.

    If the home is not sold before the foreclosure is processed, the title of the bank foreclosure home is transferred to the bank. Banks, however, do not like to own foreclosure properties. They are in the business of dealing with money, not real estate, and bank foreclosures are a burden on banks for several reasons:

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    Due to these reasons, banks try to get rid of bank foreclosures as fast as they can. This is how investors can capitalize on these properties. It is often possible to negotiate deals where you can buy bank foreclosure homes or government foreclosures at a price that is anywhere up to 60% below market value.

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    Latest News

    Obama Mentions the Real Estate Market on the Daily Show
    Obama Mentions the Real Estate Market on the Daily Show

    Throughout the presidential elections, both candidates have steered clear of discussing the real estate market for various reasons including the fact that there is not a simple solution to the...

    Presidential Candidates Avoid Talking Real Estate…Again
    Presidential Candidates Avoid Talking Real Estate…Again

    The second presidential debate has come and gone and what is one issue that has still been left unaddressed? The real estate market. Everything from China to "binders of women" and...

    More Great News for the Real Estate Market
    More Great News for the Real Estate Market

    Everything from the declining unemployment rate (since there is a relationship between household income and homeownership) to rising home prices indicates real estate market recovery is...

    Foreclosure Filings Tumble – Does this Help Obama?
    Foreclosure Filings Tumble – Does this Help Obama?

    At the end of the day, foreclosures are a double-edged sword. Let's face it – the great thing about foreclosure properties is the ability to purchase homes well below market value. At ...


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